1. Sydney gets lots of sunshine
Although it’s going to not be as sunny as Brisbane or Darwin, Sydney remains a fairly sunny place. this is great news for anyone with (or considering getting) solar panels for his or her home.
The table below provides a summary of what proportion of solar energy you’ll expect solar systems of varied popular sizes to supply on an average day in Sydney. It’s helpful to recollect that kilowatt-hours (kWh) are the units that appear on your electricity bill – and which your electricity retailer uses to calculate your quarterly or monthly electricity charges.
5 good reasons to go solar in Sydney – Aus-Brite Solar |
2. Incentives through the federal
Like everyone everywhere in Australia, Sydney residents who install solar can enjoy the nation’s Renewable Energy Target. In essence, the Renewable Energy Target provides an up-front
incentive off the value of putting in a solar PV system supported the system’s size and the way sunny your location is, plus certificate economic process. lately, this ‘discount’ works bent about 30% off the sticker price of a total installed system. confine mind that this incentive only applies if your system is installed by accredited solar installers in Sydney using accredited products. In most cases, you ought to be ready to see what proportion this incentive is worth within the quotes you get from installers.
3. Solar power is affordable in Sydney
Thanks partially to the federal incentives explained above, Australia is home to a number of rock bottom solar PV system prices within the world – which is one among the explanations that numerous homes and businesses have solar panels installed. Aus-Brite Solar has been keeping track of installation price trends since 2012 and as you’ll see within the below table the value of solar in Sydney tracks closely to the national average.
The chart below (click to enlarge) shows how prices have changed (in terms of dollars per watt of capacity – $/W) since 2012 for a variety of popular system sizes. on average system prices in Sydney have dropped by about 35% since we started publishing figures. consistent with our data, lately, a typical 5kW system in Sydney costs about $4,270 on average – although both lower and higher-priced systems are out there.
4. Solar Panels in Sydney offer attractive returns
The table below shows payback periods, ‘internal rate of return’ (IRR), and annual savings within the first year for a Sydney home, using 2 popular system sizes at average prices (as of March 2020). confine mind that returns could also be better for systems whose price points are lower. But even be mindful that you simply want to be selective about the products and corporations that you consider – some deals are too good to be true. Thus, Solar Panels in Sydney offer attractive returns to businesses as well as households.
5. Energy independence – like growing vegetables in your own backyard
Solar is about quite just saving money – to a point, it’s also about self-reliance. With the arrival of affordable solar panels, Sydney homes are not any longer completely beholden to their electricity retailer for his or her energy needs. an honest analogy home-grown vegetables: having a garden in your backyard can’t only assist you to save on your grocery bills, but it also feels good.
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